Mortgage rates have been falling steadily since the last week of April, and that may be reigniting home price appreciation. The lower the rate, the more purchasing power buyers have. Home price gains had been shrinking since last summer, when rates rose sharply, but are now making a U-turn withRead More →

More trouble for Reliance ADAG (Anil Dhirubhai Ambani Group) as PwC (PricewaterhouseCoopers) resigned as one of the statutory auditors of two of its companies- Reliance Capital and Reliance Home Finance. According to a Reliance Capital stock filing, PwC said that it did not receive a satisfactory response to certain observationsRead More →